NOT LISTED FOR SALE

Estimated Value: $736,000 - $865,746

5 Beds
3 Baths
1,946 Sq Ft
$423/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $840,000 $432 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,877/month

14 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • 3 Fireplaces
  • Deck
  • Wood Flooring
  • 1-minute walk to Benjamin Smith Playground at Cripple Cove

About This Home

As of August 2024

CANCELLED OPEN HOUSE, offer accepted. Located at the entrance of picturesque East Gloucester is our newest listing. This quintessential New England home comes with 5BR, 3BA in this 3-unit property. A fantastic investment opportunity - Take your pick of the unit that appeals to you & rent out the others for additional income. Or a great option for multi-generational families that want relatives close by while having their own private space. This home is surrounded by beautiful perennial gardens that have been lovingly cared for & quaint backyard. Sit out on the deck under the covered patio, or beneath the maple tree in your backyard while you soak in the salty air & ocean breeze that Cape Ann is known for. This home comes with solar panels installed & owned by the current homeowner. A separate parking area is also included on the same deed as 1 Wall St.

Last Agent to Sell the Property

Jennifer Anderson

RE/MAX Beacon Listed on: 06/20/2024

RE/MAX Beacon

Last Buyer's Agent

William Brady

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 1840

Lot Details

  • 6,960

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,946 Sq Ft Home
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • East Veterans Elementary School
  • O'maley Middle School
  • GHS High School

Additional Features

  • Energy-Efficient Thermostat
  • 6,960 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1896649

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Marina
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,173

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1840
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Laminate
  • Interior Amenities: Stone/Granite/Solid Counters, Living Room, Kitchen
  • Fireplace Features: Gas, Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Oven
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 1946
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8171
  • LIST PRICE PER Sq Ft: 436.79
  • PRICE PER Sq Ft: 431.65
  • MAIN SO: BB3298

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Other
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, Marina, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1896649
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6960
  • Lot Size Units: Acres
  • PAGE: 451
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5173
  • Tax Book Number: 23188

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Ghs
  • Elementary School: East Veterans
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2004
Sold by
Thounhurst Kimberly
Bought by
Mclindon Elizabeth A
Current Estimated Value
$823,187

Purchase Details

Closed on
Jan 21, 1998
Sold by
Usa
Bought by
Thounhurst Kimberly

Purchase Details

Closed on
Oct 16, 1997
Sold by
Bocelle Erik J
Bought by
Usa

Purchase Details

Closed on
Jan 3, 1994
Sold by
Lahti Frances L and Ferris Richard A
Bought by
Bocelle Erik
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mclindon Elizabeth A $335,000 --
Mclindon Elizabeth A $335,000 --
Mclindon Elizabeth A $335,000 --
Thounhurst Kimberly $110,210 --
Thounhurst Kimberly $110,210 --
Thounhurst Kimberly $110,210 --
Usa $110,463 --
Usa $110,463 --
Bocelle Erik $100,000 --
Bocelle Erik $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Difraia Matthew R $710,000
Closed Difraia Matthew R $710,000
Closed Mclindon Elizabeth A $185,000
Closed Mclindon Elizabeth A $11,875
Closed Bocelle Erik $15,000
Closed Bocelle Erik $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $840,000 -1.2% $432 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $850,000 -- $437 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,126 $526,800 $143,300 $383,500
2024 $5,126 $526,800 $143,300 $383,500
2023 $5,309 $501,300 $127,900 $373,400
2022 $4,832 $411,900 $111,300 $300,600
2021 $4,681 $376,300 $101,100 $275,200
2020 $4,087 $331,500 $101,100 $230,400
2019 $3,844 $302,900 $101,100 $201,800
2018 $3,624 $280,300 $101,100 $179,200
2017 $3,476 $263,500 $96,300 $167,200
2016 $3,722 $273,500 $100,500 $173,000
2015 $3,662 $268,300 $100,500 $167,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73255175

MLS Property Information Network (MLS PIN)

APN: GLOU-000054-000075